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Entry for interest received from electricity security

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(Querist)
05 September 2017 Please help me
Mr. A received Interest of Rs. 74865/- on Security Deposit from Electricity Company and TDS to be deducted @10%
What is the entries in the books of A for both Interest and TDS.
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
05 September 2017 Bank Ac DR 67378.5
TDS Receivable DR 7486.5
To Interest on Security Deposit 74865
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arun

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arun (Querist)
06 September 2017 Sir,
"Interest on Security Deposit" comes under which head ?
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
06 September 2017 In Profit & Loss it should be shown as indirect income & in ITR is should be shown as Income form other sources

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